Dr. Shashi Kumar
We had the privilege to pick the brain of Dr. Shashi Kumar (right) a Master Mariner, Fulbright Senior Specialist Fellow and Professor Emeritus of International Business and Logistics, for his take on a wide range of maritime matters near and far. A market boom starting in 2014? The long-term effects of Sequestration? A ‘cap’ on the size of ships? He covers it all. This maritime economy has been bad for a number of years. Put in perspective the downturn now vs. traditional downturns. That’s a very good question.
Food Aid Creates Revenue for Maritime & Other Industries
The United States' principal international food aid program, Food for Peace, helped create and sustain 866 jobs which resulted in $37m in earnings in the state of Louisiana in 2009. By delivering food aid to foreign countries, the maritime industry employs 11,500 in deep sea freight transportation and sustains more than 97,000 jobs in other parts of the U.S. economy, in occupations dealing with the handling, processing and transporting of commodities from farmers to U.S. and foreign ports, according to a report released today by Promar International and USA Maritime. The report, "Impacts on the U.S. Economy of Shipping International Food Aid," provides a snapshot of output, earnings, and jobs produced through the Food for Peace program throughout the United States.
Ring, Director at CMA CGM (America)
CMA CGM (America) LLC has named Timothy Ring Director, Inbound Trade and Government Cargo. In his new role, Tim will be responsible for the growth and development of inbound cargo volumes for the company’s transatlantic, Oceania, and Indian Subcontinent services. He will also continue to oversee all U.S. government shipments. Tim joined the Washington, D.C. office of CMA CGM in November 2005. Since then, he has developed and managed the company’s PL-480 / Title II program for the carriage of food aid worldwide.
